Deutsche Bank Boosts International Seaways' Price Objective to $80, Maintains Buy Rating

Deutsche Bank maintains a Buy rating on International Seaways, Inc. (INSW) with an upgraded price objective to $80 from $63. The company reported Q4 net income of $128 million and full-year net income of $309 million. Management noted the best quarter since Q1 2024, driven by crude and product tanker divisions and higher VLCC profitability. INSW transports crude oil and petroleum products in two segments: crude tankers and product carriers.